A New Chapter Begins
Tiny Feet, Big Future
What if you could give your child more than a savings account?
Many parents and grandparents are surprised to learn there are strategies available that can help protect a child's future while creating long-term financial flexibility for the entire family.
Free guide of answers
The Questions On Your Mind After Your Baby Arrives
Becoming a parent changes the financial conversation and at this point, you probably have more questions than answers about what exactly changes, what to do now to prepare.
We've put together a list of commonly asked questions that are probably on your mind, so if you're interested in getting some answers that will get you started, please fill out the form!
Frequently Asked Questions
How Do I Know if My Child Is Eligible?
Your child is eligible as soon as they have a Social Security Number! Parents, grandparents, and legal guardians can apply on behalf of a child.
Our team can help determine the best strategy based on your family's goals and long-term plans!
What is the Advantage of The Policy’s Cash Value?
Cash value can act like a “nest egg” that can grow into one of the best strategies in financial planning: Cash Flow Banking.
This can accumulate funds over time for your child. The longer you keep the policy, the more cash value you can build. What’s more, you are the policy owner! So you can borrow against the cash value if you ever feel you need to, or the policy can be surrendered for the available cash value.
How Does This Compare to a 529 Plan?
Although recent changes have made some improvements to the 529 plan universe, using life insurance provides a death benefit not available in a 529. Other benefits to life insurance include:
- Tax-free growth
- No restrictions on use of funds
Why Not Just Add My Child to My Employer's Policy?
This half-measure carries with it many pitfalls, and unfortunately we frequently encounter families who have fallen victim to them. Most parents don’t realize that they typically lose this coverage once they leave their employer. Even if they are able to maintain the coverage, it may not be permanent and often expires once the child reaches a pre determined age.
In many cases, when a child is diagnosed with a chronic illness (such as Type 1 Diabetes) without pre-existing coverage in place, they will also have a much more difficult time getting covered.
Our solution to this problem is to create a vehicle that provides the ability for cash value growth, the ability to take a loan against your own money inside of the policy to use for countless reasons, unlike a 529 plan, and ultimately, the ability for you to create a legacy that can’t be taken away, for your child to use for college, homeownership, and eventually, grandchildren for you.
Give Your Child a Lifelong Gift
New toys break and clothes get outgrown. I've learned now that the greatest gift you can leave isn't another possession, but an opportunity. And establishing a life insurance plan for a young child has the potential to be one of the most impactful long-term opportunities you can make for them over the course of their lifetime.
Becoming a father has only strengthened my passion for helping families plan for the future. If you're welcoming a new addition to your family, I'd love to help you explore your options and create opportunities that can benefit the next generation for years to come.
It’s never too early to start planning for a lifetime of opportunity
Planning the journey you started
